How much does a Loan Officer III make in Mobile, AL?
As of March 01, 2025, the average annual salary for a Loan Officer III in Mobile, AL is $88,200. According to Salary.com, salaries can range from a low of $72,152 to a high of $108,833, with most professionals earning between $79,800 and $99,000.
How much does a Loan Officer III make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Officer III salary data based on specialized databases to help you get a fairer salary.
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Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$99,000 |
$8,250 |
$1,904 |
$48 |
Average |
$88,200 |
$7,350 |
$1,696 |
$42 |
25th Percentile |
$79,800 |
$6,650 |
$1,535 |
$38 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Loan Officer III's Salary?
An entry-level Loan Officer III with under 1 year experience makes about $84,405.
With less than 2 years of experience, a mid-level Loan Officer III makes around $84,652.
After 2-4 years, the Loan Officer III pay rises to about $85,023.
Those senior Loan Officer III with 5-8 years of experience earn roughly $85,642, and those Loan Officer III having 8 years or more experience are expected to earn about $86,508 on average.
Levels |
Salary |
Entry Level Loan Officer III
|
$84,405
|
Intermediate Level Loan Officer III
|
$84,652
|
Senior Level Loan Officer III
|
$85,023
|
Specialist Level Loan Officer III
|
$85,642
|
Expert Level Loan Officer III
|
$86,508
|
$84,405
0 yr
$84,652
< 2 yrs
$85,023
2-4 yrs
$85,642
5-8 yrs
$86,508
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
4%
|
Mid Level
|
4%
|
Senior Level
|
4%
|
Top Level
|
3%
|
Experienced
|
2%
|
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Last Updated on March 01, 2025